New Zealand Superannuation Fund
E1032574
The New Zealand Superannuation Fund is a sovereign wealth fund established by the New Zealand government to help pre-fund the future cost of public pensions.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
public pension reserve fund
ⓘ
sovereign wealth fund ⓘ |
| alsoKnownAs |
Cullen Fund
NERFINISHED
ⓘ
NZ Super Fund NERFINISHED ⓘ New Zealand Super Fund NERFINISHED ⓘ |
| assetClasses |
alternative investments
ⓘ
fixed income ⓘ global equities ⓘ infrastructure ⓘ private equity ⓘ property ⓘ timber and rural land ⓘ |
| beneficiary | New Zealand Government NERFINISHED ⓘ |
| country | New Zealand ⓘ |
| currency | New Zealand dollar NERFINISHED ⓘ |
| establishedBy | Government of New Zealand NERFINISHED ⓘ |
| exclusionPolicy | excludes certain companies for responsible investment reasons ⓘ |
| followsPrinciples |
environmental, social and governance integration
ⓘ
responsible investment ⓘ |
| fundingSource |
New Zealand Government contributions
ⓘ
investment returns ⓘ |
| fundType | pre-funding mechanism for public pensions ⓘ |
| governanceModel | Crown entity with independent board ⓘ |
| headquartersCountry | New Zealand NERFINISHED ⓘ |
| headquartersLocation | Auckland NERFINISHED ⓘ |
| inception | 2001 ⓘ |
| investmentHorizon | long-term ⓘ |
| investmentObjective |
to exceed the risk-free rate by a margin over rolling 20-year periods
ⓘ
to maximize returns without undue risk to the Fund as a whole ⓘ |
| investmentStrategy |
active management
ⓘ
diversified global portfolio ⓘ long-term risk premia harvesting ⓘ |
| jurisdiction | New Zealand ⓘ |
| legalBasis | New Zealand Superannuation and Retirement Income Act 2001 NERFINISHED ⓘ |
| managingOrganization | Guardians of New Zealand Superannuation NERFINISHED ⓘ |
| namedAfter | Michael Cullen NERFINISHED ⓘ |
| owner | Crown NERFINISHED ⓘ |
| purpose |
to help pre-fund the future cost of New Zealand Superannuation
ⓘ
to smooth the fiscal impact of an ageing population on public pension costs ⓘ |
| relatedTo |
New Zealand Superannuation
NERFINISHED
ⓘ
New Zealand Superannuation and Retirement Income Act 2001 NERFINISHED ⓘ |
| reportingRequirement | annual report to Parliament ⓘ |
| sector | public finance ⓘ |
| startOfOperations | 2003 ⓘ |
| supervisedBy | New Zealand Parliament NERFINISHED ⓘ |
| ultimateBeneficiary | future New Zealand taxpayers ⓘ |
| website | https://www.nzsuperfund.nz ⓘ |
| withdrawalPurpose | to help meet future New Zealand Superannuation payments ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.